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Answer:
E(X₁)= 1.76
E(X₂)= 4.18
E(X₃)= 9.24
E(X₄)= 6.82
a. P(X₁=3, X₂=4, X₃=6;0.08,0.19,0.42)= 0.00022
b. P(X₁=5, X₂=5, X₄=7;0.08,0.19,0.31)= 0.000001
c. P(X₁≤2) = 0.7442
Step-by-step explanation:
Hello!
So that you can easily resolve this problem first determine your experiment and it's variables. In this case, you have 22 seedlings (n) planted and observe what happens with the after one month, each seedling independent of the others and has each leads to success for exactly one of four categories with a fixed success probability per category. This is a multinomial experiment so I'll separate them in 4 different variables with the corresponding probability of success for each one of them:
X₁: "The seedling is dead" p₁: 0.08
X₂: "The seedling exhibits slow growth" p₂: 0.19
X₃: "The seedling exhibits medium growth" p₃: 0.42
X₄: "The seedling exhibits strong growth" p₄:0.31
To calculate the expected number for each category (k) you need to use the formula:
E(X
So
E(X₁)= n*p₁ = 22*0.08 = 1.76
E(X₂)= n*p₂ = 22*0.19 = 4.18
E(X₃)= n*p₃ = 22*0.42 = 9.24
E(X₄)= n*p₄ = 22*0.31 = 6.82
Next, to calculate each probability you just use the corresponding probability of success of each category:
Formula: P(X₁, X₂,..., Xk) =
a.
P(X₁=3, X₂=4, X₃=6;0.08,0.19,0.42)= = 0.00022
b.
P(X₁=5, X₂=5, X₄=7;0.08,0.19,0.31)= = 0.000001
c.
P(X₁≤2) = +
+
= 0.7442
I hope you have a SUPER day!
Answer:
The demand will drop approximately 23 T-shirt per month.
Step-by-step explanation:
Consider the provided formula.
You currently sell T-shirts for $15 each and you raise your price by $2 per month,
That means p=$15 and
We need to find how fast demand will drop.
So differentiate the above function with respect to time.
Substitute the respective values as shown:
Hence, the demand will drop approximately 23 T-shirt per month.